Despite lackluster sales, the median condo sales price rose higher in March.
An analysis of Daytona Beach Multiple Listing Service (MLS) data by Wyse Home Team Realty showed there were 108 condo units sold around the Daytona Beach area in March. That’s a more than 18 percent drop in sales, compared to sales around the area in March of 2017 and 2018. Sales volume was down by more than 12 percent, reports show.
Meanwhile, the median condo sales price in March was $239,950, up more than 11 percent over median sales prices last year.
In monthly comparisons, March condo sales matched February sales. And prices rebounded strongly from the $180,000 median condo sales price reported in February.
“The area enjoyed strong gains in condo sales…